REAL ESTATE JERKY DAILY
Mortgage Bonds Get Relief While Oil Climbs to $92 a Barrel
Ed Parcaut and Mike Kelly cover Stanislaus County closings, mortgage pricing, Treasury yields, Fed Governor Christopher Waller's inflation comments, jobless claims, private labor-market weakness, oil prices, and lender fee transparency. Stanislaus County finished August with 276 closed transactions, while active listings fell to 749 and pending sales rose to 359. Mortgage pricing improved by about 23 basis points, with the 10-year Treasury near 4.746. Ed also explains why borrowers should compare the full lender fee structure, not just the quoted rate or discount points. A fast Real Estate Jerky Daily market update with the usual bite.
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